Monthly investments in private equity seem to have picked up sharply in India. After 91 reported transactions in July, another 80 transactions were reported in August’15, taking the total deal count in Jan-Aug 15 to 529, almost 60% higher than the same period last year. Aug’15 saw reported investment of USD 1.3b, as against USD 231m in the same period last year. The surge in investment has meant that total investment in Jan-Aug’15 period now exceeds the total figure for 2014. YTD 2015 investment stands at around USD 9.1b, 5% more than the figure of USD 8.7b reported in entire calendar 2014. Kindly note, investment amount is not disclosed in many transactions. For ex, in Aug’15, 31 of the 80 reported deals did not disclose the amount invested. The amount figures quoted here are only for the reported deals. August saw a little more diversity in sectoral focus of transactions. Among the top deals, 2 were from infra space. Macquarie Infra put USD 122m behind Ind Bharath Energy, an electricity generator. Brookefield and Kotak bought out a road portfolio from Gammon Infrastructure Projects. Food technology sector is witnessing several transactions as well. Couple of outliers deals were in robotics and piping.

1. www.indiabusinessreports.com
VC/PE deals in India – Aug 2015
Sector: Venture Capital (BFSI)
Aug 2015

2. 80 deals reported in Aug’15 – strong deal numbers continue
www.indiabusinessreports.com 2VC/PE investments in India
Source: India Business Reports
44
42
47
49
24
50
40
35
64
59
52
50
59
53
57
67
59
65
91
80
JA N- 14 F E B- 14 MA R- 14 A P R- 14 MA Y - 14 JUN- 14 JUL- 14 A UG- 14 S E P - 14 OC T - 14 NOV- 14 DE C - 14 JA N- 15 F E B- 15 MA R- 15 A P R- 15 MA Y - 15 JUN- 15 JUL- 15 A UG- 15
NO OF DEALS

3. ~$ 1.3 billion in disclosed amount
www.indiabusinessreports.com 3VC/PE investments in India
*Amount invested available only for 49 deals, 31 deals chose not to disclose details Source: India Business Reports
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15
Amount ($ million)

4. Ytd 2015 cumulative amount exceeded 2014 total in Aug’15 (by 5%)
www.indiabusinessreports.com 4VC/PE investments in India
Source: India Business Reports
0
100
200
300
400
500
600
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
Jan-Jul'14 Jan-Jul'15
YTD Aug 2015
Amount ($ m) No of Deals

5. 2 out 3 reported deals were early stage
01-09-2015 5VC/PE investments in India
Source: India Business Reports
Aug'15
Angel/Early Growth/Late
Aug'14
Angel/Early Growth/Late
ytd2015
Angel/Early Growth/Late

6. More deal diversity seen
www.indiabusinessreports.com 6VC/PE investments in India
 While internet rush continues, the
‘others’ column saw a jump
 IT/ITES had a good month as well, as did
food and beverages. Food Tech appears a
big draw currently
Source: India Business Reports
Sectors Jun'15 Jun'14 Jan-Jun'15 Jan-Jun'14
Internet 27 5 182 39
IT/ITES 11 5 69 58
Healthcare 4 6 31 37
Media &
Entertainment 2 2 22 24
BFSI 3 3 34 36
Real Estate SPVs 4 3 35 24
Education 2 1 22 20
Food & Beverages 9 2 30 17
Others 18 8 104 76

7. Top 10 transactions of Aug’15
www.indiabusinessreports.com 7VC/PE investments in India
Source: India Business Reports, internet
 Snapdeal took in a big strategic investment. Debatable whether this should be counted
alongside regular ‘VC/PE’ deals
 Couple of big infra deals after a long time, Robotics and Piping also spice up the mix
Target Investor (s)
Amount
($m)
Industry
Snapdeal Alibaba, Foxconn 500 Internet
Piramal Realty Goldman Sachs 150 Real Estate
Ind-Barath Energy Utkal Macquarie Infrastructure Fund 122 Electricity Generation
Oyo Rooms Softbank 100 Travel & Tourism
Practo Technologies (health-tech) Tencent Holdings 90 Pharma/Healthcare
Gammon Infrastructure Projects Kotak PE, Brookefield 85 Infrastructure
aVance 3 Ascendas 46 Real Estate
GreyOrange Tiger Global 30 Robotics
DEE Development Engineers Ltd Carlyle 25 Piping
Ezetap Social+Capital, Helion, Berggruen, Horizon 24 BFSI

8. Disclaimer
www.indiabusinessreports.com 8
Copyright© 2015 India Business Reports
• All rights reserved. No part of this publication may be reproduced or utilized, stored in a retrieval system, or transmitted in any form or by any
means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of India Business Reports (“IBR”)
Legal Notices and Disclaimer
• None of IBR, its partners, employees, affiliates, representatives or advisors make any representation or warranty, expressed or implied, as to the
accuracy or completeness of any of the information contained herein, including any opinion or any other written or oral communication
transmitted or made available. Each recipient of such information expressly disclaims any and all liability relating to or resulting from the use of
such information and communications by a recipient or any of its affiliates, advisors or representatives. In particular, no representation or
warranty is given as to the achievement or reasonableness of any future projections, estimates or statements about the future prospects of any of
the companies.
• This document is for the use of the persons who receive it directly from IBR. Recipients agree that all of the information contained in it is of a
confidential nature, and that they will not, directly or indirectly, disclose any such information without the prior written consent of IBR.
Confidentiality
• In consideration of you receiving a copy of this document, you agree to keep confidential the contents of this document and shall not, without the
prior written approval India Business Reports (“IBR”) disclose to any person the whole or any part of the information contained in, or associated
with this document.
VC/PE investments in India

9. Thank You
reports@indiabusinessreports.com
www.indiabusinessreports.com VC/PE investments in India